66 m. ago Davos: Reeves urges leaders to keep cool heads over tariff threat in free trade call – business live

Rolling coverage of the World Economic Forum in Davos, where European Commission president says Europe must respond to geopolitical shocksFull report: Trump tariffs over Greenland are an error, says Ursula von der LeyenScott Bessent then denies that European Union countries, and the UK, could exercise the “nuclear option” over the Greenland crisis, and dump their holdings of US Treasuries.Asked how the Treasury Department, and the White House, would prepare for this, Bessent insists it is a “completely false narrative”, and claims the media are “hysterical” over the issue.I would say this is the same kind of hysteria that we heard on April 2nd. There was a panic.What I am urging everyone here to do is sit back, take a deep breath, and let things play out.What president Trump is threatening on Greenland is very different than the other trade deals. So I would urge all countries to stick with their trade deals. Continue reading...

Politics

1 hour ago 'Sell America' trade in full swing as US stocks and dollar plunge as world reacts to Trump's tariff threats

'Sell America' fears grow as Trump Greenland tariffs send markets reeling

Politics

1 hour ago What's happening with gold, silver and copper? A chief investment officer on why prices have soared and what could happen next

Today we have seen gold soar to new highs, as Trump's dogged pursuit of Greenland and threats of tariffs against European nations cause ripples in the markets.

Economics

1 hour ago Top EU official blasts Trump for going back on his word after Greenland threats: ‘A deal is a deal’

The European Union’s top official has called into question President Donald Trump's trustworthiness while labeling new tariffs over Greenland a “mistake” between long-standing allies.

Politics

2 h. ago US supreme court releases more decisions but does not rule on Trump tariffs – live

Court did not publish much-anticipated ruling on the legality of Trump’s tariffs as US president doubles down on Greenland threatsThe supreme court did not issue a decision today on the legality of Donald Trump’s sweeping global tariffs.It’s not immediately clear the next date the court will issue opinions. Continue reading...

Politics

3 h. ago Stocks set to plunge and Wall Street fear gauge surges over Trump's Greenland tariff threats

'Sell America' fears grow as Trump Greenland tariffs send markets reeling

Politics

4 h. ago US supreme court set to release more rulings as Trump tariffs decision looms – live

Unclear if court will publish much-anticipated ruling on the legality of Trump’s tariffs as US president doubles down on Greenland threatsDonald Trump will head to the World Economic Forum in Davos, Switzerland later today.He’ll be joining several of the ally countries that he’s been lambasting, and threatening with tariffs, in recent days over his longstanding goal to annex Greenland. Continue reading...

Politics

4 h. ago UK must 'prepare for war with United States' as WW3 edges closer than ever before

Former NATO commander Sir Richard Shirreff has warned Britain must prepare for the worst-case scenario of fighting US forces over Greenland as Donald Trump threatens tariffs and shows no sign of backing down

Events

4 h. ago EU's von der Leyen condemns Trump and vows to build a 'new independent Europe' ahead of confrontation with US President as he flies into Davos after Greenland row

European Commission President Ursula von der Leyen has blasted US President Donald Trump for threatening to hit his European allies with tariffs over Greenland.

Politics

5 h. ago Trump has threatened Europe with higher tariffs. What happens now?

US President Donald Trump has threatened eight European countries with tariffs in his bid to claim Greenland

Politics

6 h. ago London stocks fall after Trump's tariff threat on Europe over Greenland

London stocks fall after Trump's tariff threat on Europe over Greenland  Reuters

Politics

6 h. ago FTSE 100 Live 20 January: European stocks slump on Trump tensions, dollar weakens

The UK’s unemployment rate has stayed at the highest level for nearly five years, fuelled by deepening jobs woes in the retail and hospitality sectors.

Politics

6 h. ago Davos: US treasury secretary Scott Bessent urges Europe not to retaliate over Greenland tariffs – business live

Rolling coverage of the World Economic Forum in Davos, where Bessent claims reports Europe could sell Treasury bonds is ‘completely false narrative’Scott Bessent then denies that European Union countries, and the UK, could exercise the “nuclear option” over the Greenland crisis, and dump their holdings of US Treasuries.Asked how the Treasury Department, and the White House, would prepare for this, Bessent insists it is a “completely false narrative”, and claims the media are “hysterical” over the issue.I would say this is the same kind of hysteria that we heard on April 2nd. There was a panic.What I am urging everyone here to do is sit back, take a deep breath, and let things play out.What president Trump is threatening on Greenland is very different than the other trade deals. So I would urge all countries to stick with their trade deals. Continue reading...

Society

7 h. ago Global markets rattled as Donald Trump issues Greenland and tariff threats

US financial markets were closed on Monday for Martin Luther King Jr Day

Politics

8 h. ago FTSE 100 Live 20 January: Markets under pressure, jobless rate at 5

The UK’s unemployment rate has stayed at the highest level for nearly five years, fuelled by deepening jobs woes in the retail and hospitality sectors.

Society

9 h. ago Trump's tariffs would ‘disproportionately affect’ Wales, says First Minister

Eluned Morgan described Donald Trump's threat of imposing tariffs on the UK until a deal is reached over Greenland as an 'unacceptable and aggressive act'

Politics

9 h. ago Trump threatens 200% tariff on ‘French wines and champagnes’ in response to Macron snub

‘I'll put a 200% tariff on his wines and champagnes, and he'll join, but he doesn't have to join’

Politics

9 h. ago Number of employed people in UK falls again as wage growth slows

Shops, restaurants and hotels particularly hit by slowdown in hiring, as unemployment remains at 5.1%Business live – latest updatesThe number of employed people in the UK has fallen again, particularly in shops, restaurants and hotels, reflecting weak hiring, while private sector wages grew at the slowest rate in five years, official figures show.Figures from the Office for National Statistics (ONS) showed the number of employees on payrolls fell by 184,000 in December compared with a year earlier, to 30.2 million. Continue reading...

Politics

10 h. ago Trump threatens 200% tariff on ‘French wines and champagnes’ in response to Macron

‘I'll put a 200% tariff on his wines and champagnes, and he'll join, but he doesn't have to join’

Politics

11 h. ago As Trump menaces Greenland, this much is clear: the free world needs a new plan – and inspired leadership | Gordon Brown

The idea that the liberal rules-based order can survive his presidency now seems complacent. This is a historic moment – and a time to actA European-wide chorus of resistance, led this morning by Keir Starmer, has greeted Donald Trump’s plan to take over Greenland, by force if necessary, and to start a tariff war if any country stands in his way. Have no doubt, this is a moment: if pursued as a non-negotiable demand, Trump’s plan ends any lingering hope that the liberal rules-based order can stumble on through his remaining time in office. The real question now is whether the 2020s will be defined by the complete collapse of the order’s already crumbling pillars and the atrocities accompanying it, or whether an international coalition of the willing can come together to build a new global framework in its place.For, in quick succession, the US has abandoned its longstanding championing of the rule of law, human rights, democracy and the territorial integrity of nation states. Gone i...

Politics